There has been strong pushback on government plans to introduce basis period tax reporting with the main professional institutes calling for a delay, explains Stephen Relf CTA ACA, senior tax writer at Croner-i

The court has dismissed an appeal against a £434,318.73 penalty notice which was given to a sole director due to deliberate inaccuracies in the company’s tax return

The tax gap is estimated to be £35bn, which is 5.3%, up from £33bn in 2018-19, when it stood at 5%, based on £674bn in total tax collected for the year, with VAT the worst offender